Revvity Inc. (RVTY)

Debt-to-capital ratio

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	3,177,770	3,152,450	3,883,740	3,880,980	3,923,350	3,898,270	4,484,310	4,863,980	4,979,740	5,099,080	2,348,520	2,219,670	1,609,700	1,492,630	1,625,000	2,010,520	2,064,040	1,750,920	2,104,470	1,848,940
Total stockholders’ equity	US$ in thousands	7,872,740	7,694,280	7,869,960	8,033,810	7,382,880	7,065,200	7,167,160	7,186,340	7,141,240	6,958,580	4,239,810	4,002,300	3,735,490	3,231,680	2,967,460	2,759,750	2,813,820	2,706,800	2,706,870	2,638,470
Debt-to-capital ratio		0.29	0.29	0.33	0.33	0.35	0.36	0.38	0.40	0.41	0.42	0.36	0.36	0.30	0.32	0.35	0.42	0.42	0.39	0.44	0.41

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,177,770K ÷ ($3,177,770K + $7,872,740K)
= 0.29

The debt-to-capital ratio of Revvity Inc. has been relatively stable over the past eight quarters, ranging from 0.33 to 0.40. This ratio measures the proportion of debt in the company's capital structure. A lower debt-to-capital ratio indicates a lower reliance on debt financing, which can be favorable for financial stability and creditworthiness.

Revvity Inc.'s debt-to-capital ratio has hovered around the 0.35 mark in recent quarters, indicating that the company typically finances about 35% of its capital through debt. The slight fluctuations in the ratio suggest that the company has been managing its debt levels consistently relative to its total capital.

Overall, the trend in Revvity Inc.'s debt-to-capital ratio shows a moderate level of debt utilization in its capital structure. However, it is important to consider other financial metrics and industry benchmarks to gain a comprehensive understanding of the company's financial health and risk profile.